Josef B. - Property sale at a distance

As an experienced real estate investor, you are invested in several German cities. For what reason did you want to sell the property in such an attractive investment location as Berlin?

The apartment in Berlin has been in my possession for over 25 years. Of these, the same tenant occupied the apartment for 18 years. Since I have always maintained a very good relationship with her, it was out of the question for me to burden the tenancy. Since I wanted to change my strategy and invest more profitably in the future, I decided to sell the apartment and reinvest the money.

How did you perceive Berlin as a real estate market?

Although it may seem otherwise to some, Berlin is a very tenant-friendly market. Especially in light of the sharp rise in property purchase prices in recent years, rent increases have been relatively weak. The Mietpreisbremse as well as the cap limit are in this region regulations, which one should consider as an investor with the long-term planning absolutely.

How did you go about finding a suitable partner for the sale of your property and why did you decide on WunderAgent?

After deciding to sell my apartment, I contacted several brokers in the classic way via Immobilienscout24. Since the sale of a property - especially over a greater distance, as in my case - is based on a trusting partnership, I chose WunderAgent. The contact was very transparent and sympathetic from the beginning, which impressed me a lot.

How did the sales process go then?

Mr. Kirnig was my contact person on the part of WunderAgent from the very beginning. Based on market reports and clues that I could understand, the market was presented to me transparently and a framework for the sales price was determined on the basis of this analysis. Together, we then went through the entire process and discussed which documents needed to be submitted by me. After all documents were in place and WunderAgent published the listing, I was notified every two weeks about the current status of my real estate sale. In addition, I was able to follow the progress of the process at any time via the WunderAgent real estate platform. After only 2.5 months, a prospective buyer had already been found. In the process, WunderAgent took care of all communication with my tenant, all interested parties and other parties involved, as well as completing all measures for notarization.

What is your conclusion about selling real estate with WunderAgent?

With WunderAgent I found the perfect partner for my real estate sale. Despite the physical distance, it was quickly possible to build a great relationship of trust. Thanks to the maximum transparency and the very good flow of information, I never had the feeling of giving control out of my hands. Despite the above-average speed of the sale, my price expectations were met. I can only praise WunderAgent for the sales process and would sell my property with the team again at any time.